High Street
The latest news, updates and analysis on the the British High Street and UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Aug- 2022 -15 August
Canada Goose profits soar amid retail expansion
Canada Goose has reported “better than expected” gross profits of $42.7m (£35.3m) for the first quarter fiscal 2023 ended July…
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12 August
Superdrug and Savers to provide 25,000 UK jobs
A.S. Watson Group, the owner of Superdrug and Savers, has announced its commitment to create 200,000 job opportunities for 16-23…
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11 August
Marks Electrical Group revenues up 13.7% to £27m
Marks Electrical Group has reported a strong trading period in the first four months of FY23, with revenue growth of…
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10 August
PrettyLittleThing ad banned for portraying minor in ‘sexualised’ manner
The ASA has banned a PrettyLittleThing (PLT) advert for portraying someone under 18 in a ‘sexualised’ manner. The ad campaign…
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9 August
Neiman Marcus appoints new president
Neiman Marcus Group has announced the appointment of Ryan Ross as its president, effective Aug 15 2022. Ross will report…
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8 August
Burberry appoints new non-executive director
Burberry Group has announced that Alan Stewart has been appointed to the board as a non-executive director and member of…
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5 August
Tesco and Morrisons trim 50g from ready meals
Both Tesco and Morrisons have cut 50g from the weight of its range of own-label ready meals as they attempt…
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5 August
Pets at Home Q1 revenues hit £404.7m amid ‘record’ VIP numbers
Pets at Home has reported that group revenues rose 7.1% year-on-year to £404.7m in the 16 week period from 1…
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4 August
Next raises profit guidance amid strong sales performance
Next has revealed its sales performance exceeded expectations by £50m, leading the retailer to raise its full-year profit guidance by…
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3 August
Poundland targets 25 new sites amid wide-ranging price cuts
Poundland has confirmed it is set to open 10 new and relocated stores before the end of September, with up…
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